Foreword ix
Acknowledgments xv
Chapter 1 Introduction to the Industry 1
Chapter 2 A Brief History of Mutual Funds in the United States 13
Chapter 3 Overview of Industry Structure 35
Chapter 4 The Mutual Fund—Product Defi nition 57
Chapter 5 The Investment Management Front Offi ce 83
Chapter 6 The Investment Management Back Offi ce 109
Chapter 7 Fund Accounting, Audit, Legal, and Other Support Functions 131
Chapter 8 Fund Distribution: The Broker Channel 159
Chapter 9 The Direct, Bank, and Institutional Channels 187
Chapter 10 Cross-Channel Issues: Advertising and Retirement Investing 207
Chapter 11 The Transfer Agent, Part 1—Shareholder Record Keeping 229
Chapter 12 The Transfer Agent, Part 2—Customer Service 271
Chapter 13 Other Service Providers 293
Chapter 14 Going Abroad: Open-End Funds Outside the United States 307
Chapter 15 Going Forward: Issues and Challenges 329
Notes 357
Index 373

第二版 2005 Mutual Fund Industry Handbook-A Comprehensive Guide for Investment Professionals.

第一版 2001 A Purely American Invention: The U.S. Open-End Mutual Fund Industry.

Lee Gremillion    PricewaterhouseCoopers

2005 by The National Investment Company Service Association (NICSA)